Coinbase Eases Crypto Payments with Apple Pay in Onramp

user avatar

by Giorgi Kostiuk

2 years ago

Coinbase, the largest cryptocurrency exchange in the US, announced the integration of Apple Pay into its Onramp payment solution to simplify cryptocurrency acquisition.

Apple Pay Integration in Coinbase

Coinbase announced the addition of Apple Pay to its payment solution for converting fiat currencies into cryptocurrency. This feature is detailed in the exchange's developer documentation and aims to reduce complications associated with funding self-custody wallets.

Goals and Features of Coinbase Onramp

Coinbase Onramp offers a one-click purchasing feature that minimizes steps required to convert fiat currency into cryptocurrency. The toolkit includes a software development kit and APIs embedded in apps and browser extensions. It supports a wide range of wallets including MetaMask, Rainbow, Phantom, and Coinbase Wallet.

Using crypto often involves too many hassles, and users give up as a result.

Reactions and Outlook

The product was quietly rolled out to a select group of customers just before Thanksgiving in the US. Coinbase acknowledges the challenges of onboarding users to crypto, including lengthy KYC procedures and the need for multiple apps. The integration of Apple Pay aims to simplify the process and attract a broader user base.

The addition of Apple Pay to Coinbase Onramp reflects the company's efforts to simplify cryptocurrency usage and make it accessible to a wider audience.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Grayscale Appoints BitGo as Custodian for Hyperliquid Staking ETF

Grayscale has appointed BitGo Bank Trust as an additional custodian for its Hyperliquid Staking ETF to enhance custody services and operational flexibility.

user avatarAndrew Smith

Avalanche Sees Surge in Tokenized US Treasury Assets

The value of tokenized US Treasury assets on the Avalanche network has surged to approximately $545 million, marking a fourfold increase over the past year.

user avatarJacob Williams

Metaplanet Shows Liquidity Management with Strategic Bitcoin Transactions

Metaplanet sold 10,000 BTC for approximately $790 million and bought back 11,000 BTC for around $950 million, demonstrating its ability to manage liquidity effectively.

user avatarSon Min-ho

Navra Secures $19 Million in Series A Funding to Bridge Traditional Finance and Blockchain

Navra, a startup led by Mike Cagney, has successfully raised $19 million in Series A funding to enhance access to blockchain-based financial markets for traditional investors.

user avatarZainab Kamara

Arbitrum Proposes Strategic Initiative for USDG Stablecoin

Arbitrum has proposed a governance initiative to back USDG as a core strategic stablecoin within its ecosystem, including adding 100 million ARB to enhance liquidity and adoption.

user avatarTando Nkube

BitGo and HashKey Cloud Expand Partnership in Asia-Pacific

BitGo and HashKey Cloud have expanded their partnership to cover multiple areas of institutional crypto infrastructure, including staking, trading, custody, and asset tokenization in Singapore.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.